© Reuters FTSE 100 Live: Stocks called lower, Endeavour sacks CEO
Proactive Investors – Stocks called lower, Endeavour Mining fires CEO.
The is expected to open lower on Friday with investors awaiting the US jobs report for further clues as to the path of .
Spread betting companies are calling London’s lead index down around 42 points after closing up 40.74 points, 0.5%, at 7,723.07 on Thursday.
In the US on Thursday, Wall Street ended mostly lower, with the marginally higher, the down 0.3% and the down 0.6%.
“After such a surprisingly resilient end to 2023 it is perhaps not surprising that we’ve got off to a more subdued start to the New Year given that a lot of the reason for the December rally was down to heightened expectations of multiple rate cuts from central banks over the next few months,” said CMC Markets UK chief market analyst Michael Hewson.
In London, ahead of the non-farm payrolls print, will be released with no major corporate news on the calendar.
Stocks to watch include Endeavour Mining which said after the market close on Thursday that it had fired its CEO Sebastien de Montessus, for “serious misconduct” with immediate effect.
